Original meme coin Dogecoin has spiked above $0.10, a key psychological level that bulls and bears have been scrapping over since the end of January.
As the OG meme coin wields outsized influence over other animal-themed cryptos, traders are watching closely and preparing for high-speed price surges in the near future.
The action around DOGE reflects a general increase in altcoin activity, but meme coin presales are also stepping up with their own stories and catching serious bids.
In particular, Maxi Doge ($MAXI) has been turning heads as it taps into Dogecoin’s timeless theme and similar community energy, while adding more fun-focused utility that could fuel much higher gains than a token that’s already worth $16.9 billion.
As meme coin trader group chats continue to ping frantically, magpie investors are getting ready for MAXI’s exchange launches, pushing the presale’s total raise to $4.63 million so far.
Dogecoin Enters Short-Squeeze Amid Huge Volume Spike
After languishing well below $0.10 since last Saturday, and even hitting weekly lows of $0.089, Dogecoin suddenly rebounded in line with the rest of the market yesterday.
By the end of the day, DOGE had gained 10.48% and as of this morning, it’s attempting to turn $0.10 into support. $5.08 million in short positions have been wiped out in the last 24 hours, while DOGE’s spot market trading volume doubled.
Source: Coinglass
The buying pressure hasn’t faded even though DOGE crossed one of its most important price levels, so it’s clear that the bulls mean business this time.
On X, the analyst CryptoAM highlighted a potential return to $0.15, which would be a 50% gain from current levels.
If Dogecoin does flip $0.10 back into support, mainstream investors could rush in all at once, driving more short squeezes and vertical price pumps.
As CryptoAM’s chart shows, we’ve seen this pattern play out many times before, and more optimistic players might even be targeting 2025’s Q3 highs around $0.30.
Moments like these often shine a dazzling spotlight on the entire meme coin sector. This year, it looks like Maxi Doge’s big opportunity to capture the attention of degen traders as its presale progresses toward the $5 million milestone.
Could Maxi Doge Be Dogecoin’s Logical Meme Coin Successor?
Fronted by a hulking Shiba Inu mascot that powers through all-night trading sessions fueled by Red Bull and “MAXITREN 9000” supplements, Maxi Doge ($MAXI) is arguably the most degen-friendly meme coin on the market.
But it also goes beyond surface-level branding, with a 67% staking APY available even before the presale ends, and a healthy range of community-oriented utilities.
After MAXI arrives on CEX and DEX platforms later this year, the team is planning trading contests and tournaments with real crypto prizes, both exclusive to holders.
They’re also working to secure partnerships with major futures exchanges, so we could even see MAXI trading pairs emerge with up to 1000x leverage.
On the tokenomics side of things, there’s a special “Maxi Fund” that will be used to provide additional liquidity and project exposure, with 25% of the MAXI supply allocated specifically for that purpose.
Marketing gets a 40% allocation; further project development will get 15%; a further 15% covers exchange liquidity; and a final 5% is for community staking rewards.
The Maxi Doge presale has already raised more than $4.63 million, while MAXI is available at its current presale price of $0.0002806 for only the next couple of days.
You can stake your tokens the second you buy them and start earning the 67% APY right away.
Time to Jump Into the Maxi Doge Presale? Here’s How to Start
First, head over to the Maxi Doge ($MAXI) presale website. Then connect your wallet and start accumulating your MAXI tokens before the next sale stage begins and the price increases.
You’ll have the option to pay with ETH, BNB, USDT or USDC, or just use your bank card and skip the crypto swap stage altogether.
If you’re on your phone, the Best Wallet app offers an easy alternative route. You can download it for free from the Apple App Store or Google Play, and you’ll find MAXI in Best Wallet’s “Upcoming Tokens” section.
Make sure you follow Maxi Doge on X and join the Telegram group so you don’t miss any updates, exchange launch dates, or contest-related news.
Visit the Official Website Here.
The post Dogecoin Rises Above $0.10 – But This New Meme Coin Could Deliver Bigger Gains appeared first on Cryptonews.
